Kingsway sells Trinity Warranty for $8M gross in management buy-out

KINGSWAY FINANCIAL SERVICES INC

Gross proceeds of $8.0M: $5M cash at closing plus $3M seller notes (secured, ten-year maturity).
Transaction closed May 8, 2026; buyer is Trinity Warranty Holding LLC, a management-led entity.
Peter Dikeos, Trinity's President/CEO, will continue leading the business as primary owner.
Kingsway CEO JT Fitzgerald said proceeds will be redeployed to investments aligned with core priorities.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

KINGSWAY FINANCIAL SERVICES INC entered into Membership Interest Purchase Agreement with Trinity Warranty Holding LLC valued at $5 million, paid in cash ... and $3 million payable in the form of secured subordinated promissory n (effective 2026-05-08).

Action: entry
Agreement: asset purchase
Counterparty: Trinity Warranty Holding LLC
Value: $5 million, paid in cash ... and $3 million payable in the form of secured subordinated promissory n
Effective: 2026-05-08

Exact text from the filing

On May 8, 2026, Kingsway Warranty Holdings LLC (“ Kingsway Seller ”), a wholly owned subsidiary of Kingsway Financial Services Inc. (“ Kingsway ”), entered into a Membership Interest Purchase Agreement (the “ Purchase Agreement ”) with Trinity Warranty Holding LLC (“ Buyer ”), pursuant to which, subject to the terms and conditions of the Purchase Agreement, Kingsway Seller sold to Buyer all of the issued and outstanding equity interests (the “ Company Equity ”) of Trinity Warranty Solutions LLC

View on SEC.gov

239 material agreements filed in the last 30 days. Browse all material agreements →

KINGSWAY FINANCIAL SERVICES INC filing history →

Source: SEC EDGAR

accession 0001437749-26-016149

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.